Preferred Name Pty Ltd Company
Generally a proprietary company, limited by shares is the most appropriate company structure for use by small businesses. This company structure is a private company, which is also known as a Proprietary Limited Company, or Pty Ltd company.
Preferred Name companies are those registered with a company name of choice (i.e. set up in the preferred name). Preferred Named Companies are set up with proposed officeholders nominated and appointed from the date of registration.
A Preferred Name Pty Ltd Company can not trade on the stock exchange and must not engage in any activity requiring a Prospectus.
What is included in a Preferred Name Company package?